LOS ANGELES—Trammell Crow Residential has broken ground on the Alexan South Echo, a 200-unit mixed-use development in Echo Park. The project was approved a decade ago by a previous owner, Axiom Real Estate Investments. Trammell Crow purchased the property earlier, giving life to this long-awaited development. It is now slated for completion in 2018.

“TCR purchased the property with permit-ready plans, but is looking to put some fresh ideas into the project,” John Readey, a development associate at Trammell Crow Residential. “Most importantly the project will continue the activation of Temple Street just west of Glendale Blvd with approximately 22,000 square feet of new ground floor retail space, along with new sidewalks and street trees that will greatly improve the pedestrian experience from the previous lightly-used industrial warehouse. The construction of this project also clears the way for a financing effort by an affordable development specialist of the 46 unit affordable project located in the adjacent lot to the South of the project facing Court Street.”

Located at 1910 West Temple Street on the edge of the neighborhood, the property will include more than 21,000-square-feet of retail space in addition to the residential units. There will be a mix of studios, one-bedroom and two-bedroom units, all with balconies and 9-foot ceilings, and resident common areas, like a resort style pool and spa, an event room with entertainment lounges and a flat screen TV, a dog washing/grooming station, state-of-the-art fitness facility including cardio equipment with pre-wired TV and internet, and outdoor living areas with fireplaces and gas barbeques.

Because of the location, which is central to many neighborhoods in Los Angeles, including the vibrant Downtown market, the property will attract a broad demographic. “There is a large bandwidth of renters who will be interested in this location,” adds Readey. “Due to restrictive zoning in the submarket, there have been very few new dense projects built in the area. We are able to target a price point below rental rates in downtown L.A., giving this project competitive pricing advantage to the new projects built there. We certainly expect freelancers and work-from-home professionals to be interested in the co-working space we're providing as an amenity, along with those seeking some rental rate relief from downtown L.A., and those continuing to move to the greater Silverlake, Echo Park, HiFi area for the creative energy that's been building for years.”

Instant Insights /

Decade-Long Project Finally Breaks Ground in Echo Park

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